Data Sources and Methodology

  • Compiled all lease level activity for the prior twelve months using DrillingInfo.
  • Analyzed leases documents, memos of leases, extensions and lease amendments in order to identify trends in company leasing activity.

Highlights

  • Continental Resources is expanding its position in the Northern Midland Basin which they began acquiring in late 2016.
    • Activity in the fourth quarter and first quarter of 2018 has been concentrated in Southeast Gaines County, where the bulk of their acreage is offsetting Murphy’s in Dawson County.
    • The company has also recently permitted two horizontal wells on its Northern Delaware position in New Mexico.
  • After selling out to Parsley, Double Eagle is back at it with leases filed in the Southern Delaware, Central Basin Platform and Midland Basin.
    • A scatter shot of leases have been filed in the San Andres play around Seminole and also in the Eastern Midland Basin in Scurry County.
      • The company’s Scurry County acreage is offsetting private operator King Operating.
    • In the fourth quarter, Double Eagle began acquiring leases in Northeast Martin County under DE Midland III.
  • Multiple operators filed leases around North Harpoon during the first quarter of 2018.
    • Double Eagle filed a lease within North Harpoon on 160 acres.
  • Devon Energy had multiple lease filings in Brewster County near Apache’s Alpine High play during the third quarter.
    • In 2017, the company drilled a single vertical wildcat on its acreage however, there has been no activity since then.
  • Use the map to filter by date, company and instrument type.


Twelve Month Activity Map